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Zhao Changpeng refutes the claim that Binance transfers tens of millions of dollars in profits to the Trump family every year through stablecoin deposits - CoinFeed
Time 09:56

Zhao Changpeng refutes the claim that Binance transfers tens of millions of dollars in profits to the Trump family every year through stablecoin deposits

October 24, 2025
CoinFeed News

FatMan, a cryptocurrency researcher, wrote on the X platform: "Binance has deposited $2 billion in the stablecoin issued by WLFI. This money can generate $80 million to $87 million in interest each year. Given that the Trump family can share approximately 60% of WLFI's profits, as long as the deposit remains, Binance will have to pay the Trump family $48 million to $52 million in interest each year. This is simply an insane public transfer of wealth."

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